KEY COMMUNITY HOUSING INC

EIN: 711014135 501(c)(3) Housing & Shelter

PASADENA, CA

Total Revenue
$1,002,001
Total Expenses
$973,662
Total Assets
$12,094,125
Net Assets
$4,857,167
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
SCOTT BROWN
Phone
6263008815
Tax Period
2023-01-01 to 2023-12-31

KEY COMMUNITY HOUSING INC, founded in 2007, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Net assets of $4.9M represent 58 months of operating reserves.

Mission

PROVIDING HOUSING FOR DEVELOPMENTALLY DISABLED RESIDENTS IN CALIFORNIA.

Program Service Accomplishments

Program 1
Expenses: $798,091 Revenue: $897,001

KEY COMMUNITY HOUSING IS COMMITTED TO BEING THE CATALYST FOR ADDRESSING THE LACK OF SAFE, AFFORDABLE AND ACCESSIBLE HOUSING FOR COMMUNITY MEMBERS WITH VERY LOW INCOMES AND WITH SPECIAL NEEDS THROUGH...

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KEY COMMUNITY HOUSING IS COMMITTED TO BEING THE CATALYST FOR ADDRESSING THE LACK OF SAFE, AFFORDABLE AND ACCESSIBLE HOUSING FOR COMMUNITY MEMBERS WITH VERY LOW INCOMES AND WITH SPECIAL NEEDS THROUGH COLLABORATIVE PARTNERSHIPS THAT CREATE AND MAINTAIN AFFORDABLE HOUSING OPTIONS WHICH GIVE PEOPLE OPPORTUNITIES TO LIVE IN A HOME OF THEIR OWN CHOICE.KEY COMMUNITY HOUSING IS PLEASED TO ANNOUNCE ANOTHER SUCCESSFUL YEAR AS HOMEOWNERS OF THE FULLY OCCUPIED ELEVEN HOUSING DEVELOPMENT PROJECTS. THE ORGANIZATION HAS WORKED DILIGENTLY IN RESPONDING TO THE HOUSING CRISIS IN SOUTHERN CALIFORNIA FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. IT HAS WORKED METICULOUSLY TO FULFILL THE ROLES AND RESPONSIBILITIES THAT HAVE BEEN ENTRUSTED TO IT IN ORDER TO MAKE OUR PROJECTS AN ONGOING SUCCESS FOR ALL PARTIES INVOLVED. THE ORGANIZATION CONTINUES TO WORK CLOSELY WITH THE SERVICE PROVIDERS TO CREATE A RESPONSIVE PROPERTY MANAGEMENT PROGRAM THAT HAS ENSURED THAT OUR HOMES ARE SAFE, COMFORTABLE, HIGH-QUALITY RESIDENCES FOR THE CONSUMERS AND THEIR FAMILIES, AND MEET ALL LICENSING REQUIREMENTS . THE ORGANIZATION HAS PROVIDED HOMES TO 46 COMMUNITY MEMBERS WITH SPECIAL HOUSING NEEDS. THE ORGANIZATION CONTINUES TO COMMIT TO CREATING A SOLUTION TO THE LACK OF SAFE, AFFORDABLE, AND ACCESSIBLE HOUSING FOR COMMUNITY MEMBERS WITH VERY LOW INCOMES AND SPECIAL HEALTH CARE NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $105,000
Program Service Revenue $894,057
Investment Income $2,944
Other Revenue $0
TOTAL REVENUE $1,002,001

Expense Breakdown

Grants Paid $0
Salaries & Benefits $224,269
Fundraising Expenses $0
Program Expenses $798,091
Other Expenses $749,393
TOTAL EXPENSES $973,662

Year-over-Year Comparison

2023 2022 Change
Revenue $1,002,001 $1,254,436 -0.2%
Expenses $973,662 $807,522 +0.2%
Net Income $28,339 $446,914 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
3
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT BROWN PRESIDENT 3.00
Officer Director
$0 $0 $0
RICKEY BRADLEY VICE PRESIDENT & TREASURER 3.00
Officer Director
$0 $0 $0
ANDREW WHITE DIRECTOR 1.00
Officer Director
$0 $0 $0
KEITH BUCK DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,002,001 $973,662 $12,094,125 $28,339
2022 $1,254,436 $807,522 $11,159,379 $446,914
2021 $896,308 $740,000 $9,755,463 $156,308
2020 $716,857 $647,714 $8,963,368 $69,143
2019 $1,198,166 $794,559 $9,018,231 $403,607
2018 $973,629 $850,462 $9,033,525 $123,167
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